The Comoros Franc is the official currency of the Comoros, abbreviated as KMF in forex markets. It is pegged to the euro through a fixed exchange rate arrangement, providing the small island nation with monetary stability. Due to its peg and the Comoros' small economy, the KMF sees negligible volume in international forex markets and is primarily of interest to regional specialists.
Example
“The Comoros Franc's peg to the euro means that any significant ECB policy change indirectly affects the small island nation's monetary conditions.”